FORWARD-LOOKING STATEMENTS

This quarterly report contains forward-looking statements. These statements relate to future events or our future financial performance. These statements often can be identified by the use of terms such as "may," "will," "expect," "believe," "anticipate," "estimate," "approximate" or "continue," or the negative thereof. We intend that such forward-looking statements be subject to the safe harbors for such statements. We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Any forward-looking statements represent management's best judgment as to what may occur in the future. However, forward-looking statements are subject to risks, uncertainties and important factors beyond our control that could cause actual results and events to differ materially from historical results of operations and events and those presently anticipated or projected. We disclaim any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events.





Overview of Operations

We are a Data Centric company with business activities focused three main areas:





ZEUUS Data Centers

ZEUUS Energy

ZEUUS Cyber Security

All four divisions work synergistically with each other in an synergetic ecosystem which enables growth and business protection. These technologies and divisions all stem from the massive requirements in our Data Centers.

While we are currently negotiating for the purchase of three data centers, the recent acquisition by our ZEUUS Energy division of a unique, and scalable Wind Turbine technology has us very excited. We have recently opened a 500 sqm, brand new research and development facility in Montenegro where the final designs for the Wind Turbines are being tested and refined. We expect full commercial production of the Wind Turbines by the end of 3rd Quarter 2022.

We are also in negotiations for the acquisition of two cyber security companies and will update the market after we enter into definitive acquisition agreements.

Our mandate and focus are to harness the Cloud and provide all aspects of Data Services from protection to facilitation, to storage, to the sustainable energy consumption at all our Data Center locations.

Results of Operation for the Three Months Ended March 31, 2022, Compared to the Three Months Ended March 31, 2021

Revenue

During the three months ended March 31, 2022 and 2021 we did not generate any revenue.

General and Administrative Expenses

For the three months ended March 31, 2022, we had $146,538 in general and administrative expenses compared to $20,173 for the three months ended March 31, 2021, an increase of $126,365. Our primary expense in the current period was for consulting which increased approximately $71,000. We also had increases for promotional expense ($5,200) and investor relation expense ($20,200).

Professional Fees

For the three months ended March 31, 2022, we had $31,777 in professional fees compared to $31,154 for the three months ended March 31, 2021, an increase of $623. Professional fees consist of legal, audit and accounting fee,

Other Income/Expense

For the three months ended March 31, 2022, we had interest expense of $2,564 compared to $1,729 in the prior period. We also recognized $1,708 of interest income on our note receivable in the prior period.





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Net Loss

Our net loss for the three months ended March 31, 2022 was $180,879 compared to $51,348 for the three months ended March 31, 2021. The increase in our net loss is due to our increased expenses as discussed above.

Results of Operation for the Six Months Ended March 31, 2022, Compared to the Six Months Ended March 31, 2021

Revenue

During the six months ended March 31, 2022 and 2021 we did not generate any revenue.

General and Administrative Expenses

For the six months ended March 31, 2022, we had $343,593 in general and administrative expenses compared to $55,432 for the six months ended March 31, 2021, an increase of $288,161. Our primary expense in the current period was for consulting which increased approximately $191,000. We also had increases for promotional expense ($37,800) and investor relation expense ($30,400).

Director compensation

During the six months ended March 31, 2022, the Company granted 2,310 shares of common stock to its directors for services. The shares were valued at $15 per share for total non-cash expense of $34,650.

Professional Fees

For the six months ended March 31, 2022, we had $62,495 in professional fees compared to $45,964 for the six months ended March 31, 2021, an increase of $16,531, or 36%. Professional fees consist of legal, audit and accounting fee, all of which increased in the current year.

Other Income/Expense

For the six months ended March 31, 2022, we had interest expense of $5,170 compared to $1,729 in the prior period. We also recognized $1,708 of interest income on our note receivable in the prior period.

Net Loss

Our net loss for the six months ended March 31, 2022, was $445,908 compared to $101,417 for the six months ended March 31, 2021. The increase in our net loss is due to our increased expenses as discussed above.

Liquidity and Capital Resources

At March 31, 2022, we had total current assets of $42,275, consisting of cash and deposits. We had total current liabilities of $947,330 consisting mostly of loans from related parties.

Cash Flows from Operating Activities

For the six months ended March 31, 2022, we used $422,420 of cash in operating activities compared to $108,210 for the six months ended March 31, 2021.

Cash Flows from Investing Activities

During the six months ended March 31, 2022, we used $23,085 for equipment. During the six months ended March 31, 2021, we issued a note receivable for $150,000, $75,000 of which was repaid.

Cash Flows from Financing Activities

We have financed our operations primarily from loans from related parties and the sale of common stock. For the six months ended March 31, 2022, net cash provided by financing activities was $379,148, which consisted of $84,200 from the sale of common stock and $294,948 from related party loans. During the six months ended March 31, 2021, we received $239,900 from related party loans.

PLAN OF OPERATION AND FUNDING

We expect that working capital requirements will continue to be funded through a combination of our existing funds and further issuances of securities. Our working capital requirements are expected to increase in line with the growth of our business.





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Going Concern

We have not attained profitable operations and are dependent upon obtaining financing to pursue any extensive activities. For these reasons, our auditors stated in their report on our audited financial statements that they have substantial doubt that we will be able to continue as a going concern without further financing.

The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs for the next fiscal year and allow it to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it becomes profitable.

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